NPR News: 07-07-2026 8PM EDT

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Ryland Barton· Host0:16

Live from NPR News in Washington, I'm Ryland Barton. The U.S. has launched a series of strikes against Iran after three merchant ships were struck in the Strait of Hormuz, and the Trump administration reversed a decision today that allowed Iran to produce, sell, and deliver crude oil for two months. NPR's Jackie Northam has more.

Jackie Northam0:36

Last month, the Trump administration swept aside longstanding sanctions on Iran oil as part of an interim peace agreement. It was one of the sweeteners the U.S. offered in a bid to get Iran to open the Strait of Hormuz. The waivers allowed Iran to sell crude and other petroleum products on the open market, potentially pulling in between eight and ten billion dollars in sales for the regime while the agreement was in place. The waiver was due to expire mid-August but could have been extended by mutual consent. But after Iranian attacks on ships, the U.S. canceled the sanction waivers and started launching strikes in retaliation for the attacks on the commercial vessels. Jackie Northam, NPR News.

Ryland Barton· Host1:20

States are seeking up to one point four trillion dollars from Meta over claims the company designed Facebook and Instagram to addict young users. As NPR's Bobby